JOURNAL OF CHINESE LAW
VOL. 4 FALL 1990 NO. 2

CONTENTS

ARTICLE
ONE PARTY, TWO SYSTEMS: CORRUPTION IN THE

PEOPLE'S REPUBLIC OF CHINA AND
ATTEMPTS TO CONTROL IT

PERSPECTIVES ON FREE SPEECH IN CHINA
BIG CHARACTER POSTERS IN CHINA:

A HISTORICAL SURVEY

BETVEEN THEORY AND PRACTICE:
THE POSSIBILITY OF A RIGHT TO
FREE SPEECH IN THE PEOPLE'S
REPUBLIC OF CHINA

NOTE
BANKRUPTCY OF FOREIGN ENTERPRISES IN

THE PRC: AN INTERPRETATION OF THE
"RULES CONCERNING BANKRUPTCY OF
FOREIGN RELATED COMPANIES IN THE
SHENZHEN SPECIAL ECONOMIC ZONE"

Hua Sheng 233

Peter Lin 257

Steven L. Toronto 277

Helena Kolenda



JOURNAL OF CHINESE LAW
VOL. 4 FALL 1990 NO. 2

Editor-in-Chief
R. RANDLE EDWARDS

Managing Editors
CHARLES XIAOjnA LI
STEVEN L. TORONTO

Articles Editors
ANDREW CASE
PHILLIP CHRITrON
CLINT HANNI
PETER LIN

Notes Editors
LAURA STRAUSFELD
JING-KAI SYZ

Senior Editors
ZHU HE
Li Li

Editors
ANDREW BELL
RICHARD DING
LEE EDWARDS
PETER GALLAGHER
PHILLIP GREENBERG
LISA GREGORY

Li HUANTING
HOvARD JIANG
JEFF KATEMAN
STERGIOS THEOLOGIDES
ELLA WONG

Board of Advisors
MYRON COHEN
LoI F. DAMROSCH
E. ALLAN FARNSWORTH
RICHARD N. GARDNER
WALTER GELLHORN

HARVEY J. GOLDSCHMID

JOHN N. HAZARD
Louis HENiuN
OSCAR SCHACHTER
HANS SMIT
RALPH WANG
MICHAEL K. YOUNG
MADELEINE ZELIN